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The largely dominant meritocratic paradigm of highly competitive Western cultures is rooted on the belief that success is due mainly, if not exclusively, to personal qualities such as talent, intelligence, skills, efforts or risk taking.…

物理与社会 · 物理学 2018-08-13 A. Pluchino. A. E. Biondo , A. Rapisarda

We present a new way of estimation of the role of chance in achieving success, by comparing the empirical data from 100-meter dash competitions (one of the sports disciplines with the most stringent controls of external randomness), with…

物理与社会 · 物理学 2020-08-26 Pawel Sobkowicz , Robert H Frank , Alessio E Biondo , Alessandro Pluchino , Andrea Rapisarda

We propose a controlled simulation within a competitive sum-zero environment as a proxy for disaggregating components of success. Given a simulation of the Risk board game, we consider (a) Talent to be one of three rule-based strategies…

物理与社会 · 物理学 2020-02-18 Bernardo Alves Furtado

Luck is considered to be a crucial ingredient to achieve impact in all creative domains, despite their diversity. For instance, in science, the movie industry, music, and art, the occurrence of the highest impact work and of a hot streak…

物理与社会 · 物理学 2019-09-18 Milan Janosov , Federico Battiston , Roberta Sinatra

Individual sports competitions provide a natural setting for examining the relative importance of talent and luck/chance in achieving success. The belief that success is primarily due to individual abilities and hard work rather than…

物理与社会 · 物理学 2023-11-14 Chiara Zappalá , Alessio Emanuele Biondo , Alessandro Pluchino , Andrea Rapisarda

Participants in socio-economic systems are often ranked based on their performance. Rankings conveniently reduce the complexity of such systems to ordered lists. Yet, it has been shown in many contexts that those who reach the top are not…

物理与社会 · 物理学 2024-01-30 Federica De Domenico , Fabio Caccioli , Giacomo Livan , Guido Montagna , Oreste Nicrosini

Opportunities, such as access to education or family background, shape income inequality by influencing the chances of economic success. Unequal opportunities create uncertainty about whether success is merit- or luck-based. We examine how…

综合经济学 · 经济学 2025-03-03 Marcel Preuss , Germán Reyes , Jason Somerville , Joy Wu

The role of skill (fitness) and luck (randomness) as driving forces on the dynamics of resource accumulation in a myriad of systems have long puzzled scientists. Fueled by undisputed inequalities that emerge from actual competitions, there…

物理与社会 · 物理学 2015-12-09 Bo Jiang , Liyuan Sun , Daniel R. Figueiredo , Bruno Ribeiro , Don Towsley

Although interdisciplinarity is often touted as a necessity for modern research, the evidence on the relative impact of sectorial versus to interdisciplinary science is qualitative at best. In this paper we leverage the bibliographic data…

We introduce and study a model of an interacting population of agents who collaborate in groups which compete for limited resources. Groups are formed by random matching agents and their worth is determined by the sum of the efforts…

物理与社会 · 物理学 2009-11-13 Emanuele Pugliese , Claudio Castellano , Matteo Marsili , Luciano Pietronero

This essay discusses the advantages of a probabilistic agent-based approach to questions in theoretical economics, from the nature of economic agents, to the nature of the equilibria supported by their interactions. One idea we propose is…

综合金融 · 定量金融 2013-11-05 Ted Theodosopoulos

Games often incorporate random elements in the form of dice or shuffled card decks. This randomness is a key contributor to the player experience and the variety of game situations encountered. There is a tension between a level of…

人工智能 · 计算机科学 2025-03-05 James Goodman , Diego Perez-Liebana , Simon Lucas

This article investigates the influence of luck and strategic considerations on performance of teams participating in the M6 investment challenge. We find that there is insufficient evidence to suggest that the extreme Sharpe ratios…

投资组合管理 · 定量金融 2024-12-09 Filip Staněk

While wealth distribution in the world is highly skewed and heavy-tailed, human talent - as the majority of individual features - is normally distributed. In a recent computational study by Pluchino et al [Talent vs luck: The role of…

物理与社会 · 物理学 2020-06-16 Damien Challet , Alessandro Pluchino , Alessio Emanuele Biondo , Andrea Rapisarda

The economic success of individuals is often determined by a combination of talent, luck, and assistance from others. We introduce a new agent-based model that simultaneously considers talent, luck, and social interaction. This model allows…

物理与社会 · 物理学 2024-09-04 Jaeseok Hur , Meesoon Ha , Hawoong Jeong

We study a version of the minority game in which one agent is allowed to join the game in a random fashion. It is shown that in the crowded regime, i.e., for small values of the memory size $m$ of the agents in the population, the agent…

统计力学 · 物理学 2009-11-10 K. F. Yip , T. S. Lo , P. M. Hui , N. F. Johnson

Effective problem solving among multiple agents requires a better understanding of the role of communication in collaboration. In this paper we show that there are communicative strategies that greatly improve the performance of…

cmp-lg · 计算机科学 2008-02-03 Marilyn A. Walker

This paper presents a data-driven statistical framework to quantify the role of skill in games, addressing the long-standing question of whether success in a game is predominantly driven by skill or chance. We analyze player level data from…

计算机科学与博弈论 · 计算机科学 2025-05-28 Tathagata Banerjee , Anushka De , Subhamoy Maitra , Diganta Mukherjee

In all competitions where results are based upon an individual's performance the question of whether the outcome is a consequence of skill or luck arises. We explore this question through an analysis of a large dataset of approximately one…

物理与社会 · 物理学 2021-06-09 Joseph D. O'Brien , James P. Gleeson , David J. P. O'Sullivan

Hierarchy of social organization is a ubiquitous property of animal and human groups, linked to resource allocation, collective decisions, individual health, and even to social instability. Experimental evidence shows that both intrinsic…

物理与社会 · 物理学 2018-08-22 Márton Pósfai , Raissa M. D'Souza
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